Sintar123

B waves are Tricky

OANDA:SPX500USD   Indice S&P 500
We seem to be dropping in a straight line but if we look closely there is structure. We are making zigzags down. B waves are notorious for being hard to count but they also are often times triangle structures. The Oct 18' rally to ATH was a triangle B wave. This type of B wave can be referred to as a triple zigzag. Look for one extra bounce than another drop to catch the bottom.
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